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On pound or mall.costing $250 per pound is required for each sed. The investy of materials at the end of each month should equal 2011

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On pound or mall.costing $250 per pound is required for each sed. The investy of materials at the end of each month should equal 2011 of the following spendations. At the beginning of Month 1.3.200 of models were hand. The cost of purchases uterials for Month 2 would be buted to the 49,000 b. 55.00 S51 SO S43.000 Use the following information to answer the NEXT TWO QUESTIONS ABC Department Store merchandiset) budgeted the following for the second quarter Spil Max ung Sales $665,000 $630,000 5595.000 Les Cost of Goods Sold 2660 22.00 23002 Gross Pro $399,000 5378,000 5357000 The company's gros profit percentage is 60% and inventory balances are not of next month's sales, started at cost 15. The laventory balance at May 31 is budgeted to be aS102,000 b$30,000 c. $75.000 d. $71,400 16. What dollar amount of inventory should ABC Departement Store plan to purchase in May? a $206.200 b. $247.800 c. $176,400 4.575.500

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